XML 104 R93.htm IDEA: XBRL DOCUMENT v3.25.3
Segment Reporting (Details)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
segment
Sep. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Segment Reporting [Abstract]          
Number of reportable operating segment | segment     1    
Number of operating segment | segment     1    
INTEREST AND DIVIDEND INCOME:          
Interest and fees on loans $ 98,092 $ 75,725 $ 245,879 $ 219,380  
Total interest and dividend income 108,645 83,235 276,795 241,792  
Interest Expense:          
Deposits 37,941 34,622 102,851 99,964  
Total interest expense 41,516 35,749 109,038 103,367  
NET INTEREST INCOME 67,129 47,486 167,757 138,425  
PROVISION FOR CREDIT LOSS EXPENSE 18,456 2,381 24,350 6,292  
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSS EXPENSE 48,673 45,105 143,407 132,133  
NON-INTEREST INCOME:          
Service charges on deposit accounts 2,222 1,790 5,592 5,278  
Other service charges and fees 480 796 1,417 2,203  
Wealth and asset management fees 2,359 2,060 6,264 5,869  
Mortgage banking 196 197 464 580  
Bank owned life insurance 975 775 2,711 2,326  
Card processing and interchange income 2,336 2,241 6,721 6,444  
Other non-interest income 937 2,467 3,533 5,335  
Total non-interest income 10,566 10,973 28,081 28,793  
NON-INTEREST EXPENSES:          
Net occupancy expense 4,823 3,701 12,893 10,921  
Amortization of core deposit intangible 780 18 813 57  
Technology expense 5,485 5,417 16,325 16,062  
State and local taxes 1,292 1,256 3,885 3,636  
Legal, professional, and examination fees 1,637 940 3,483 3,231  
Advertising 754 623 1,824 1,861  
FDIC insurance premiums 940 846 2,862 2,854  
Card processing and interchange expenses 1,300 1,193 3,713 3,250  
Merger and integration costs 4,155 0 6,041 0  
Other non-interest expenses 5,652 5,218 15,722 14,290  
Total non-interest expenses 50,157 38,784 130,812 112,197  
INCOME BEFORE INCOME TAXES 9,082 17,294 40,676 48,729  
INCOME TAX EXPENSE 2,037 3,340 8,194 9,218  
NET INCOME 7,045 13,954 32,482 39,511  
TOTAL CONSOLIDATED ASSETS 8,254,319   8,254,319   $ 6,192,010
Reportable Segment          
INTEREST AND DIVIDEND INCOME:          
Interest and fees on loans 98,092 75,725 245,879 219,380  
Investment Securities 10,553 7,510 30,916 22,412  
Total interest and dividend income 108,645 83,235 276,795 241,792  
Interest Expense:          
Deposits 37,941 34,622 102,851 99,964  
Borrowed funds and finance lease liabilities 3,575 1,127 6,187 3,403  
Total interest expense 41,516 35,749 109,038 103,367  
NET INTEREST INCOME 67,129 47,486 167,757 138,425  
PROVISION FOR CREDIT LOSS EXPENSE 18,456 2,381 24,350 6,292  
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSS EXPENSE 48,673 45,105 143,407 132,133  
NON-INTEREST INCOME:          
Service charges on deposit accounts 2,222 1,790 5,592 5,278  
Other service charges and fees 480 796 1,417 2,203  
Wealth and asset management fees 2,359 2,060 6,264 5,869  
Net unrealized gains (losses) on equity securities 1,061 647 1,379 758  
Mortgage banking 196 197 464 580  
Bank owned life insurance 975 775 2,711 2,326  
Card processing and interchange income 2,336 2,241 6,721 6,444  
Other non-interest income 937 2,467 3,533 5,335  
Total non-interest income 10,566 10,973 28,081 28,793  
NON-INTEREST EXPENSES:          
Salaries 15,597 13,726 42,256 40,526  
Incentive 2,696 1,038 5,991 1,723  
Benefits 5,046 4,808 15,004 13,786  
Net occupancy expense 4,823 3,701 12,893 10,921  
Amortization of core deposit intangible 780 18 813 57  
Technology expense 5,485 5,417 16,325 16,062  
State and local taxes 1,292 1,256 3,885 3,636  
Legal, professional, and examination fees 1,637 940 3,483 3,231  
Advertising 754 623 1,824 1,861  
FDIC insurance premiums 940 846 2,862 2,854  
Card processing and interchange expenses 1,300 1,193 3,713 3,250  
Merger and integration costs 4,155 0 6,041 0  
Other non-interest expenses 5,652 5,218 15,722 14,290  
Total non-interest expenses 50,157 38,784 130,812 112,197  
INCOME BEFORE INCOME TAXES 9,082 17,294 40,676 48,729  
INCOME TAX EXPENSE 2,037 3,340 8,194 9,218  
NET INCOME 7,045 13,954 32,482 39,511  
Adjustments and reconciling items 0 0 0 0  
CONSOLIDATED NET INCOME 7,045 13,954 32,482 39,511  
Adjustments and reconciling items 0 0 0 0  
TOTAL CONSOLIDATED ASSETS $ 8,254,319 $ 6,014,844 $ 8,254,319 $ 6,014,844